SLIM Capital Originates Nearly $200MM in Q1/24

SLIM Capital experienced a surge in origination volume and a company record-breaking influx of deal submissions in Q1/24, originating nearly $200 million of transactions during the quarter.

“With increasing delinquency affecting various finance sectors, many institutions are pulling back or altogether exiting the equipment finance space,” Shervin Rashti, CEO at SLIM Capital, said. “Our experience in navigating stressful environments, gives us the confidence to build and capitalize businesses that are finding access to capital limited.”

Highlights from SLIM Capital’s Q1/24 business lending deals include:

  • Largest Deal Size: $300,000
  • Smallest Deal Size: $20,500
  • Average Funded Deal Size: $125,000
  • Total Origination Amount: $199,039,500
  • Number of Deals Submitted: 671
  • Quickest Look to Book: Less than one day (from docs-in to funding)

Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.